en-usEagle Ford Shale Insight RSS FeedEagle Ford Shale InsightSun, 02 Aug 2015 22:12:37 +0000Bizjournals RSShttp://www.bizjournals.com
American City Business Journals, Inc. and its licensors. All rights. reserved.http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/drilling-activity-is-up-in-the-permian-basin-down.htmlDrilling activity is up in the Permian Basin, down in the Eagle FordFri, 31 Jul 2015 19:01:28 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/drilling-activity-is-up-in-the-permian-basin-down.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/118131/6-guys-on-rig*100xx309-309-0-0.jpg">Crude oil prices came crashing down near $47 per barrel this week but there were mixed production numbers in the oil patch where new drilling is up in the Permian Basin but down in the Eagle Ford Shale.
Oil prices had been stable at $60 per barrel but the promise of Iranian oil flooding the market sent West Texas Intermediate falling. Prices pushed the number of active drilling rigs in the Eagle Ford Shale back below the 100 mark.
Figures from the Baker Hughes rig count released on Friday confirm…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/the-10-new-oil-field-technologies-to-the-rescue-in.htmlThe 10 new oil field technologies to the rescue in the Eagle Ford (photo gallery)Wed, 29 Jul 2015 20:51:16 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/the-10-new-oil-field-technologies-to-the-rescue-in.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/6572432/oilfieldexposeries-039*100xx3280-3280-824-0.jpg">With six-year low crude oil prices, everyone out in the patch is looking for a way to trim their production costs. The price downturn has spurred innovation and efficiency with inventors creating new gadgets and finding new ways to save. Some 390 companies put their latest technology out on display at the South Texas Oilfield Expo.
The two-day event is taking place at the Henry B. Gonzalez Convention Center in downtown San Antonio both today and tomorrow. Organizer Amy Double said the expo is expecting…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/encana-layoffs-will-not-affect-eagle-ford-permian.htmlEncana layoffs will not affect Eagle Ford, Permian BasinMon, 27 Jul 2015 21:02:04 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/encana-layoffs-will-not-affect-eagle-ford-permian.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/5412051/encana014*100xx3443-3456-554-0.jpg">Encana officials confirm that the company's 200 layoffs will not be affecting either the Eagle Ford or Permian Basin, where production is expected to climb even higher despite slumping oil prices.
Canada's CBC News reported last week that the Calgary-based company would be cutting 200 jobs amid six-year low crude prices.
Encana spokesman Doug Hock with the company's Denver regional office said the layoffs will not affect the company's drilling activities in either the Eagle Ford or the Permian…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/howco-to-close-its-eagle-ford-oil-tools-plant-lay.htmlHowco to close its Eagle Ford oil tools plant, lay off workersMon, 27 Jul 2015 19:49:22 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/howco-to-close-its-eagle-ford-oil-tools-plant-lay.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/6550422/howco-warn-notice*100xx2441-2448-0-0.jpg">The effects of falling crude prices are being felt south of San Antonio, where oil tools specialist Howco is closing the doors of its Eagle Ford plant.
Company officials could not be reached for comment, but Howco filed a notice with the Texas Workforce Commission that was made public on Monday. Documents obtained by the San Antonio Business Journal show that Howco is closing its facility in Yorktown, a city of 2,100 in southwestern DeWitt County.
The company is laying off all 17 employees at its…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/halliburton-baker-hughes-detail-additional-job.htmlHalliburton, Baker Hughes detail additional job cutsMon, 27 Jul 2015 19:16:49 +0000Olivia Pulsinellihttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/halliburton-baker-hughes-detail-additional-job.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/2791431/dave-lesar02*100xx2804-2848-1253-0.jpg">Two of the largest oilfield services companies continued to make cuts in the second quarter due to the oil slump.
Houston-based oilfield services giants Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) revealed additional job cuts in their quarterly earnings reports filed with the U.S. Securities and Exchange Commission last week.
In its filing, Halliburton said it had cut 16 percent of its companywide workforce in the first half of 2015. As of Dec. 31, the company had 80,000 employees,…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/expo-to-feature-cost-cutting-tech-amid-plummeting.htmlExpo to feature cost-cutting tech amid plummeting oil pricesMon, 27 Jul 2015 18:26:42 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/expo-to-feature-cost-cutting-tech-amid-plummeting.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/6496112/unconventional-003*100xx3279-3280-487-0.jpg">Crude oil prices may have dipped below $48 per barrel on Monday morning, but organizers with the South Texas Oil Field Expo said they will showcase cost-saving technologies to help producers in the Eagle Ford Shale.
Organized by Texas Classic Productions LLC, the expo will be held at the Henry B. Gonzalez Convention Center in downtown San Antonio this Wednesday, July 29 and Thursday, July 30.
More than 300 companies are expected to have booths at the fourth annual expo, which will feature technology…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/where-does-donald-trump-stand-on-the-crude-oil.htmlWhere does Donald Trump stand on the crude oil export ban and other energy issues?Fri, 24 Jul 2015 21:00:48 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/where-does-donald-trump-stand-on-the-crude-oil.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/6535252/donald-trump*100xx2244-2244-902-0.jpg">Republican presidential candidate Donald Trump says he has a plan to "Make America Great Again." But how much of that plan includes changing the nation's energy policies? It was my task to find out where Trump stands on key energy issues during his visit to Laredo on Thursday.
Although the billionaire businessman was there to discuss border security, I had three opportunities to ask Trump what his views were on the federal crude oil export ban. The first two times, he ignored the question and on…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/reporters-notebook-i-got-trumped.htmlReporter's Notebook: I Got Trumped!Fri, 24 Jul 2015 19:36:03 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/reporters-notebook-i-got-trumped.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/6536262/trumped4*100xx718-720-103-0.jpg">Donald Trump hit Laredo like a tsunami. The billionaire businessman flew into town in his private jet to get a look at the border early Thursday afternoon and a media circus ensued. It was go, go, go from the moment Trump set foot on the ground.
Both photographer Carlos Sanchez and I were there rubbing elbows with CNN, Good Morning America, Politico and media from across the state.
Trump has definitely done an excellent job of setting himself apart from his rivals in the crowded 16-way race for…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/rig-count-swings-up-despite-falling-crude-oil.htmlRig count swings up despite falling crude oil pricesFri, 24 Jul 2015 19:21:20 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/rig-count-swings-up-despite-falling-crude-oil.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/5766401/tilden-rig*100xx1221-1224-133-0.jpg">The commodity price for crude oil has dropped to nearly $48 per barrel this week. However, the number of active drilling rigs actually experienced an across-the-board increase.
Oil prices had been stable at $60 per barrel but the promise of Iranian oil flooding the market sent West Texas Intermediate falling. This past week, prices pushed the number of active drilling rigs in the Eagle Ford Shale below the 100 mark for the first time in more than five years.
But figures from the Baker Hughes rig…http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/donald-trump-to-visit-u-s-mexico-border-south-of.htmlDonald Trump to visit U.S.-Mexico border south of San AntonioWed, 22 Jul 2015 20:22:24 +0000Sergio Chapahttp://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2015/07/donald-trump-to-visit-u-s-mexico-border-south-of.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/6279561/donald-trump-announces-bloomberg*100xx2369-2374-176-0.jpg">Republican presidential nominee Donald Trump will be visiting the U.S./Mexico border just two hours south of San Antonio on Thursday. Trump made the announcement through a tweet released around 9:30 a.m. Wednesday.
"I'm going to the BORDER tomorrow," Trump wrote in his tweet. "Will be seeing some really brave people. Look forward to a big day!"
Trump's campaign released his itinerary which includes his 1 p.m. arrival at the Laredo International Airport followed by a 2 p.m. visit to the border.
The…